Spain
Cuatrecasas advises Archax Group on acquiring King & Shaxson Capital Markets, Sociedad de Valores, S.A.U.
October 31, 2024
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SubscribeCuatrecasas has advised Archax Group LTD (“Archax”) on acquiring King & Shaxson Capital Markets, Sociedad de Valores, S.A.U.
Archax is the first peer-to-peer cryptocurrency platform regulated by the UK’s Financial Conduct Authority. As announced by Archax (its press release on the transaction is available here), the transaction's closing—subject to the regulatory approvals by the Spanish Securities and Exchange Commission—will enable Archax to extend its existing brokerage and custody abilities and its offer in the EU's multilateral trading facility system.
Fernando Mínguez, partner in the firm’s Corporate and M&A Practice (financial and insurance services), led the transaction with the participation of senior associate Carlota Tojo and associates Julián Ruan, Rosa María Coloma and Irene González, also from the same practice. Partner Miguel Sánchez Monjo was in charge of the transaction's regulatory aspects.
October 31, 2024
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